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Search results for “bailout”
With millions unemployed, hotel industry lobbies to spend stimulus on other needs
04/20/2020
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1:46:48 PM
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The stimulus package requires hotel owners to rehire their staff by the end of June, but many owners say they have little idea when the business will return.
Booking Holdings applies for European relief with substantial layoffs possible
04/17/2020
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4:47:22 PM
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Expedia Group chairman Barry Diller said the recovery in the travel industry would probably happen in September and later.
Thomas Cook says Fosun bailout is its best option
07/17/2019
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11:44:35 AM
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The proposed £750 million deal could see Fosun, owner of ClubMed, take control of Thomas Cook’s package tour business.
Chinese state-owned carrier and other foreign airlines take Canadian wage subsidy
01/11/2021
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6:35:53 PM
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Twelve foreign airlines have received money through the program intended to help Canadian companies and their employees cope with the economic fallout of the COVID-19 pandemic.
Greater Bay Airlines, new low cost launching in unfavourable time
02/05/2021
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3:27:44 PM
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GBA will start with 300 staff members and three B737 planes. It hopes to start flying by mid-2021 and aims to expand to 2,500 to 3,000 staff and 30 planes by 2025.
Airline marketers are coming out of crisis mode as 2021 bookings rise
01/19/2021
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6:33:12 PM
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Southwest has actually boosted its ad spend by 15% and has already spent more since April than American, United, Delta, JetBlue, Frontier and Spirit combined.
Chinese airlines return to profitability; Radisson Hotel grows in Asia Pacific | Weekly Review
01/17/2021
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3:03:40 PM
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WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
China extends bans on UK flights; Investments in Cambodia raise concerns | Daily Brief
01/11/2021
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6:36:10 PM
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Province tightens quarantine, urges people not to travel; Chinese carriers, other foreign airlines take Canadian wage subsidy.
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